Predatory predilections....

[aussiebear]

 

 

Choppy so far. All Ords flat with Consumer Staples +1.1%, Utilities +0.4% and at the other end, Gold -1.4% and Financials -0.5%.

 

 

 

Lip balm from China.

[aussiebear]

 

 

 

 

Closed: Chinese Lunar New Year

 

 

Closed: Lunar (Chinese) New Year

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

 

 

http://money.cnn.com/markets/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet.com/webcharts/base_metals.html

 

Energy futures

[capitall]

Matt Taibbi's latest masterpiece, telling it like it is again, trying to get the public to wake up and notice what's been happening:

 

Wall Street's Bailout Hustle

 

http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/print

 

Snippet:

 

A year and a half after they were minutes away from bankruptcy, how are these assholes not only back on their feet again, but hauling in bonuses at the same rate they were during the bubble?

 

The answer to that question is basically twofold: They raped the taxpayer, and they raped their clients.

[aussiebear]

 

 

We did ok until Asia came on board. All Ords ended -0.4% with Gold -2.7% heading the downers followed by IT -1.7%. There were a few feeble greens: Telecomms +0.9% and Healthcare/Utilities +0.5%.

 

Red in Asia: Honkers -2.3%, India -0.8% and Nikkers -1.4%.

 

 

On to UK/Europe:

 

Footsie

 

 

 

DAX

 

 

 

CAC 40

 

[I_Am_Madness]

To break or not to break.

[joe3pack]

the matt teletubby article is fookin' great, capitall. here be some more schnippets:

 

And what did the banks do with the proceeds? Among other things, they bought Treasury bonds, essentially lending the money back to the government, at interest. The money that came out of the magic Rumanian Box went from the government back to the government, with Wall Street stepping into the circle just long enough to get paid. And once quantitative easing ends, as it is scheduled to do in March, the flow of money for home loans will once again grind to a halt. The Mortgage Bankers Association expects the number of new residential mortgages to plunge by 40 percent this year.

And what should really freak everyone out is the fact that Wall Street immediately started skimming off its own rescue money. If the bailouts validated anew the crooked psychology of the bubble, the recent profit and bonus numbers show that the same psychology is back, thriving, and looking for new disasters to create.

http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/print

[FranciscoTheMan]

chances are this is a buy the news event and we are not going down for long. but that is how I am positioned at the moment anyway....

[Rationalize]

To break or not to break.

Playing the range.

 

OCO around the resistupport.

 

Paper dong at 1096 for a 4 pernt jaunt to 1100.

 

VWAP[1] @ 1100.42.

[fxfox]

Dow CFD hourly

 

sup by EMA50, then up up.

 

[fxfox]

Gold hourly

 

sup by tunnel, pivotline and 1100 psycho number

 

[Lemur]

Look where ES hit its head yesterday. Surprise surprise!

 

Meanwhile, giving back my put profits here. This thing does not want to go down.

[Lemur]

... and this is where ES found support. 5 min chart. 900 strikes again.

[Lemur]

Well seems to be rejecting 1100 so far this morning.Short with a tight stop.

 

Not going to work too much today. I am getting a little bleary eyed from looking at the screens. Over did it this week. Was not a great week profit wise either.

 

I find if I up my hours (of works) my performance suffers probably poorer decision making and too many trades.

[Jetlag]

Nigerian suffered a coup by the military and this Boomberg arghtickle doesn't mention the importance of Nigeria in World oil production:

 

They mention Uranium:

 

"Uranium Producer

 

Niger is the world’s sixth-biggest producer of uranium, after Canada, Australia, Kazakhstan, Russia and Namibia, according to the Luxembourg-based Euratom Supply Agency. "

 

"Niger produced about 7 percent of the global uranium supply in 2008 and its share will increase to about 10 percent by 2015, Max Layton, an anal cyst at Macquarie Bank Ltd. in London, said by phone. "

 

Cow peas:

 

"The West African nation is also the world’s biggest grower of cow peas ..."

 

And last but not least: Ass meat

 

"...and the second-largest producer of indigenous ass meat, after China, according to the Food and Agricultural Organization’s Web site. "

 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aABhqyrthM7Y&pos=8